Capital Trust Granted RBI Authorization for Aadhaar Authentication Under MoneyLaundering Act

Capital Trust Limited (BSE: 511505; NSE: CAPTRUST), a leading digitally enabled non-banking finance company (NBFC) specialising in providing business loans in tier 3-5 regions, has announced its authorization from the Reserve Bank of India(RBI) to conduct Aadhaar authentication under section 11A of the Money Laundering Act. This pivotal approval enhances Capital Trust's security measures, streamlines customer onboarding processes, ensures regulatory compliance, improves the overall customer experience, and bolsters its anti-money laundering efforts. Leveraging Aadhaar authentication underscores Capital Trust's commitment to innovation, efficiency, and integrity in financial services. The company is amongst a select few to have received this authorization.

Shares of Capital Trust Limited was last trading in BSE at Rs. 102.80 as compared to the previous close of Rs. 98.65. The total number of shares traded during the day was 4867 in over 184 trades.

The stock hit an intraday high of Rs. 104.15 and intraday low of 92.00. The net turnover during the day was Rs. 494687.00.

Source : Equity Bulls

Keywords

CapitalTrust INE707C01018 RBIAuthorization AadhaarAuthentication